News

Companies struggle to scale GenAI despite high interest

The low adoption of GenAI due to data, talent, and strategy challenges.

APAC companies gain $550b market capitalisation in Q3

This was driven by China’s fiscal stimulus.

Australians can save $948 annually with pet insurance: Mozo

Rottweiler owners could save the most by as much as $1,959 per year.

Surge in demand for clean label products drives innovation in APAC

This extends beyond food and beverages to personal care and household products. 

Prabowo's cabinet picks: Five economic powerhouses set to drive Indonesia's growth

They aim to boost investor confidence with proven leaders in finance and key sectors.

Thailand’s wage hike plan raises concerns for SMEs' future

The plan is to increase the minimum wage to 400 THB.

China raises debt ceilings with measures to address hidden debt

China's MOF has said that it would "raise debt ceilings" to help swap out hidden debt.

2024 insured losses exceed decade average at $108b

Total economic losses for the first three quarters reached ~$280b.

Taiwan insurers to raise fresh equity amidst new capital requirement 

The new standard also raised compliance risks for insurers.

APAC’s real estate cross-border investment reaches $47.6b

Data centres dominated the market, capturing 46% of investments.

APAC reinsurance market sees stable pricing in 2024

Although, extreme weather and NatCats could disrupt current pricing stability.

Capacity and rate challenges continue to affect Asia air freight

In China, air freight cargo volumes have softened.

Only 28% of APAC insurers prepared for AI shift

Half of insurers attribute poor customer experience to limited technology adoption.